NOT LISTED FOR SALE

1420 N Arkansas Ave Atlantic City, NJ 08401

Venice Park Neighborhood

Estimated Value: $311,948 - $405,000

-- Bed
-- Bath
1,152 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $258,000 $224 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,465/month

55 Days on Market

About This Home

As of September 2021

INVESTOR ALERT - Purchase for around 6.5 BITCOINS - Renovated triplex is beautiful Venice Park neighborhood. Property features two ground floor one bedroom apartments leased to annual tenants. The upstairs two bedroom unit is being used as an AirBnB and generating 5k a month! The rent on each of the ground floor units is about 950 a month!

Last Agent to Sell the Property

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC Listed on: 05/27/2021

WEICHERT REALTORS ASBURY GROUP-AC

Last Buyer's Agent

GLADYS DELUCA

eXp Realty - Montclair

eXp Realty - Montclair

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,569

Lot Details

  • Lot Dimensions are 30x75

Parking

  • 3 Parking Spaces

Home Design

  • Triplex

Kitchen

  • Self-Cleaning Oven
  • Stove

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

Overview

  • 3 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,569

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Lvt Date: 05/27/2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator, Self Cleaning Oven

Exterior Features

  • Outside Features: Curbs, Sidewalks

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 30x75

Multi Family

  • Number Of Units: 3
  • Number Of1 Bedroom Units: 2
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Sep 23, 2021
Sold by
1420 Arkansas Llc
Bought by
Arkansas 1420 Llc
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
GLADYS DELUCA
eXp Realty - Montclair
List Price
$264,900
Sold Price
$258,000
Premium/Discount to List
-$6,900
-2.6%
Current Estimated Value
$352,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,737
Avg. Annual Appreciation
8.26%
Original Mortgage
$206,250
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2017
Sold by
Vazquez Ricardo and Robinson Claudia
Bought by
Ditech Financial Llc

Purchase Details

Closed on
Sep 29, 2005
Sold by
S & E Holdings Llc
Bought by
Ricardo Vasquez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2003
Sold by
Santoro Michael V and Santoro Frances M
Bought by
S & E Holdings Llc

Purchase Details

Closed on
Nov 13, 2002
Sold by
Dodds Japheth E and Dodds Carlotta R
Bought by
Santoro Michael and Santoro Frances N
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Arkansas 1420 Llc $258,000 None Listed On Document
Ditech Financial Llc $49,000 None Available
Ricardo Vasquez $360,000 --
S & E Holdings Llc -- --
Santoro Michael $93,000 Federation Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arkansas 1420 Llc $206,250
Previous Owner 1420 Arkansas Llc $288,750
Previous Owner Arkansas Llc $68,800
Previous Owner Ricardo Vasquez $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $258,000 -2.6% $224 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $264,900 -- $230 / Sq Ft
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,569 $190,300 $29,000 $161,300
2024 $6,569 $190,300 $29,000 $161,300
2023 $7,188 $190,300 $29,000 $161,300
2022 $7,188 $190,300 $29,000 $161,300
2021 $5,009 $128,400 $29,000 $99,400
2020 $5,051 $128,400 $29,000 $99,400
2019 $2,191 $55,000 $45,000 $10,000
2018 $1,943 $55,000 $45,000 $10,000
2017 $5,132 $150,000 $60,000 $90,000
2016 $5,790 $150,000 $60,000 $90,000
2015 $5,133 $150,000 $60,000 $90,000
2014 $5,022 $150,000 $60,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Gerard Barker

    Seller's Agent in 2021

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    10 in this area

    228 Total Sales

    Gerard Barker
    Section Image
  • GLADYS DELUCA

    Buyer's Agent in 2021

    GLADYS DELUCA

    eXp Realty - Montclair

    (609) 513-8146

    1 in this area

    51 Total Sales

    GLADYS DELUCA
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 551206

South Jersey Shore Regional MLS

APN: 02-00689-0000-00005

New Jersey Atlantic County Atlantic City 08401 Venice Park

1420 N Arkansas Ave, Atlantic City, NJ

This home is located at 1420 N Arkansas Ave, Atlantic City, NJ 08401 since 27 May 2021 and is currently estimated at $352,737, approximately $306 per square foot. 1420 N Arkansas Ave is a home located in Atlantic County with nearby schools including Dr. Martin Luther King Jr. School Complex, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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